Essbase

Oracle Essbase is the industry-leading multidimensional OnLine Analytical Processing (OLAP) database. Previously known as Hyperion Essbase, it is designed to help organizations manage business performance information and deliver speed-of-thought ‘what-if’ analysis, as well as standard reporting across varying conditions. Essbase supports forecasting, variance analysis, root cause identification, and scenario planning.

It can be tightly integrated with multiple data sources including relational data, spreadsheets, text files, Hyperion Planning and Hyperion Financial Management. Oracle Essbase brings advanced analytics to the business user to enable greater analytics and therefore greater understanding of the business, alignment of resources, and improved business results.

Let us help you leverage this highly advanced calculation engine, including its out-of-the-box functions, to accelerate complex business model development. Key Performance Ideas is the right implementation partner for your Essbase technical implementation. From business and technical review and strategy to installation and Essbase documentation and training, we can help you quickly and easily develop an Essbase solution. We also help our clients enhance desktop business analytics with Excel-based Smart View by sourcing data from Essbase. Furthermore, to complement our consulting services, we provide Essbase administration services through our Managed Services program.

Essbase Health Check

Is your Essbase configurations optimized and meeting all your reporting requirements? Is your architecture and processes as close to best practice as possible?

Success Stories:

SP+’s growth led the company to sunset a legacy planning solution and implement a standard world-class financial planning and reporting system across the entire organization. Critical to the success of the implementation however was the need to replicate current planning processes, as well as give users the ability to plan, forecast and report at multiple fiscal calendars for SP+’s clients.

HomeStreet wanted to improve their reporting and analysis of revenue, expenses, allocations and headcount at the branch level. This included improving the speed at which results were retrieved, as well as refining how data was loaded and reducing overall complexities of their current system. Currently accomplished in Microsoft Excel — multiple 50MB Cost Center and Branch Reporting Solution spreadsheet files — HomeStreet turned to the strategic partner, Key Performance Ideas, to build anew solution called the Net Revenue Contribution (NRC) Reporting Solution.